Trial now
US EURODLR OPTIONS

BLOCK: Red Dec'22 Put Spd

USDJPY TECHS

Bullish Focus

US

Is CPI Inflation About to Decelerate?

EURGBP TECHS

Breaches Support

GBPUSD TECHS

Remains Under Pressure

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 134-20 100-dma
  • RES 3: 134-06+ High Feb 25
  • RES 2: 133-23 High Mar 2
  • RES 1: 133-16+ Post-NFP High May 7
  • PRICE: 132-13+ @ 16:08 BST May 11
  • SUP 1: 132-10+/131-18+ 20-day EMA / Low Apr 29
  • SUP 2: 131-12 Low Apr 13 and key near-term support
  • SUP 3: 131-03+ Low Apr 6
  • SUP 4: 130-25+ Low Apr 5 and the bear trigger

US 10y futures traded sharply higher Friday but failed to hold onto session highs. The 50-day EMA remains under pressure and Friday's initial strong print above former resistance at 132-24+, Apr 22 high does suggest scope for an extension higher near-term. Initial resistance and a bull trigger is at 133-16+, May 7 high. On the downside initial support is seen at 132-10+, the 20-day EMA. Key support lies at 131-18+, Apr 29 low.